logo
 
While it is expected that the transition to the goods and services tax (GST) regime could be marked by some volatility in revenue inflows of central and state governments, there is good news for the NCR government. The Delhi government's tax revenue would have been 39% higher than achieved in 2015-16 if GST was in place, according to a study by the Institute of



Chartered Accountants of India (ICAI).
In 2015-16, the Delhi government managed to collect net tax revenue of R17,369 crore. The report pegs the amount would have been R24,110 crore under GST. Unlike full-fledged states, Delhi is not entitled to a share of the Centre’s tax revenue as the NCR has a special constitutional status.

No Comments For This Post, Be first to write a Comment.
Leave a Comment
Name:
Email:
Comment:
Enter the code shown:


Can't read the image? click here to refresh

Todays Epaper

English Weekly

neerus indian ethnic wear
Latest Urdu News

Do you think Ruturaj Gaikwad would be a good captain for Chennai Super Kings?

Yes
No
Can't Say